The fares of private airlines have gone up for passenger flying abroad after the federal government imposes 10pc super tax.
The development too place as the government increased international airfares for passengers travelling via first class and business class.
“The Federal Excise Duty (FDA) RG tax has been increased from Rs10,000 to 50,000 on all first and business tickets for travel with effect from July 1, 2022,” the notification stated.
It also said that difference would be collected on all tickets issued prior to July 2022 at the time of check-in.
Prime Minister Shehbaz Sharif had earlier imposed a super-tax of 10pc on large-scale manufacturers and industries in the country in order to address the economic woes of the country. The prime minister, while announcing the tough decisions in the wake of the ongoing economic situation, said that industries related to steel, cement, sugar, oil and gas, fertilizers, energy and terminal, and textile would face a 10pc tax.
The federal government is reportedly planning a partial suspension of internet and mobile phone services…
Islamabad, November 19, 2024 – Diamond Paints, Pakistan’s No.1 paint brand, proudly received two prestigious…
On Tuesday, in a high-level huddle, the government announced a comprehensive and result-oriented military operation…
The economy is showing signs of improvement due to government initiatives and measures taken to…
Climate change is one of the most significant environmental challenges facing the world. Greenhouse gas…
Leave a Comment